IMO, I believe that this buying is good for us small shareholders.
My understanding is that a lot of the large trading is hedge funds moving into the stock, which is common once a bid (potential) bid has been announced.
interesting buy side this morning, page-15
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 (20min delay)
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Last
1.1¢ |
Change
-0.002(15.4%) |
Mkt cap ! $18.42M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.1¢ | $88.31K | 7.740M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2074837 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 1595413 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| EXT (ASX) Chart |